well said, its a now low point for humanity. The decade long dumbing down works well.The average IQ in the crypto community must rival some specific countries in the Southern Hemisphere. This guy has been holding the red flag since day 1 but people locked their scam coins for a decade.This is a bit off-topic but it is this same average IQ that makes mass psyops work like a charm.
It looks like a standard Matrix attack, as Andrew Tate would say. Remember, the USA now owns Finland. It would appear that the SEC sees this case as an existential threat to their whole house of cards system, more so than any other project.Often thought it weird the SEC suing him for 1.6billion $ but the DOJ never indicted even though the SEC claim he committed fraud and for such a large amount, see now the Finnish want a couple of hundred million $ of tax.
https://decrypt.co/250056/finnish-p...heart-for-suspected-gross-tax-evasion-assault
The average IQ in the crypto community must rival some specific countries in the Southern Hemisphere. This guy has been holding the red flag since day 1 but people locked their scam coins for a decade.This is a bit off-topic but it is this same average IQ that makes mass psyops work like a charm.
I doubt his offering is a threat, but a low hanging fruit that creates case law that can be used against multiple other projects.existential threat
I don't think it can be described as low-hanging fruit. Pulse is a fork of ETH. It could be a huge win for crypto or a huge loss.I doubt his offering is a threat, but a low hanging fruit that creates case law that can be used against multiple other projects.
HEX itself i didn't see it as a security i.e by the time people could buy with ETH it would be sufficiently decentralised by the BTC claims for HEX, but then again he did launch all these sites/applications and the method of shilling its capabilities price wise....
Thing is the SEC has jurisdiction seemingly over the entire thing based on one American buying 1 hex, in traditional finance it doesn't work like that, 1 usually overseas status where operating supplants the SEC jurisdiction and only the sale itself comes under their jurisdiction and then facts and circumstances determine whether they have a case.
When it comes to the second thing 1.6 billion $.
He basically promised x and delivered y but didn't have it laid out in any contract to negate if he had to deliver y because x wasn't possible.
Could he also be a human trafficker? Did he brush past a woman at a Christmas party back in 1997 that left her traumatised, and only now she feels confident to speak up?
True, the SEC is definitely going aggressively and globally. I mean we shouldn't even really know who the hell Gary Gensler is, yet everyone does.If memory serves Congress changed the statute of limitations in 2021
Basically if you’ve never stepped foot in the US it’s endless if there is an accusation of scienter
If you’ve stepped foot in the US then its 10yrs from that date if its an accusation of scienter plus MLAT 3yr extension + 1 yr for conspiracy
If you did in the US and resident then it’s 5/10 yrs
Seems they are preparing for a all out aggressive world wide push using multiple case laws - bare in mind they go for everything not just US related and it all gets out in the treasury which they can then hypothecate against (think of working capital) for years at a time.
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